ON > Welland
Welland, ON L3B 2R9,128 River Road
Welland, ON L3B 2R9,128 River Road
Welland, ON L3B 2R9,128 River Road
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The Real Estate Boutique Brokerage Inc

The Real Estate Boutique Brokerage Inc

+1(905) 332-2207
Listed by Anil Verma • RE/MAX Escarpment Realty Inc.
$899,900
Est. payment /mo
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UPDATED:

10/16/2024 05:50 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID XH4178422

Originating Board Hamilton - Burlington

Annual Tax Amount $4,358

Property Description

DEVELOPERS! BUILDERS! Half acre residential property (23,239 sqft) across from Welland River with views of Merritt Island. Zoned RL2 (Residential Low Density 2) - permits Bed & Breakfast, Group home, Detached, Semi-Detached, and Townhomes. Labelled as property A in photos. Can be purchased with the abutting 0.3 acre (14,000 sqft) property (labelled B in images) zoned RM (Medium Density) for a total of 0.8 acres. RM Zoning permits 6-Storey Apartment Building, Lodging home, Day Care, Group Home, Retirement Home, Multiple Dwellings, & Townhomes. At present the property has a character-filled 2400 sqft 5 Bedroom home built in 1929 with a detached double car garage. Property B currently houses an updated 2-storey 4-plex with the owner occupying one unit. Consider the prospect of a residential development that not only capitalizes on the natural beauty of the surroundings but also leverages the proximity to the river and the captivating island as a key selling point. This property invites the savvy developer to envision and create a destination that goes beyond bricks and mortar, offering a lifestyle that is both aspirational and distinctive. Buyers to make their own inquiries with the City and conduct their own due diligence.

Location

Province ON

County Niagara

Area Welland

Zoning RL2

Direction Between Evan St. and McMaster Ave.

Rooms

Other Rooms Other

Interior

Fireplace No

Exterior

Utilities Available Cable Connected, Hydro, Laterals Installed, Municipal, Municipal Water, Natural Gas Connected, Sewer Connected, Street Lights, Phone Connected, Transit Service

Waterfront Yes

Waterfront Description Indirect,Indirect Waterfront,River/Stream

Lot Frontage 75.5

Lot Depth 200.0

Garage No

Building

Lot Description Urban, Irregular Lot, Arts Centre, Near Golf Course, Hospital, Library, Park, Part Cleared, Place of Worship, Public Transit, Rec./Community Centre, Sloped, Wooded/Treed

Faces Between Evan St. and McMaster Ave.

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 641060010

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+1(905) 332-2207

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